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How long do weekly options on cryptocurrencies remain valid before expiring?

AlexieMay 06, 2022 · 3 years ago3 answers

Can you explain the expiration period for weekly options on cryptocurrencies?

3 answers

  • May 06, 2022 · 3 years ago
    Weekly options on cryptocurrencies typically remain valid for a period of one week before expiring. This means that traders have the opportunity to buy or sell the underlying cryptocurrency at the agreed-upon price until the expiration date. It's important to note that the expiration date and time may vary depending on the specific exchange and the cryptocurrency being traded. Traders should always check the expiration date and time before entering into any options contract.
  • May 06, 2022 · 3 years ago
    The expiration period for weekly options on cryptocurrencies is usually seven days. This means that if you purchase a weekly option, you have seven days to exercise it or let it expire. It's important to keep track of the expiration date and time to make informed trading decisions. Remember that options trading involves risks, so it's advisable to consult with a financial advisor or do thorough research before engaging in options trading.
  • May 06, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers weekly options on various cryptocurrencies. These options remain valid for a week before expiring. Traders can take advantage of the flexibility and potential profit opportunities provided by weekly options. However, it's crucial to understand the risks associated with options trading and to carefully consider your investment goals and risk tolerance before participating in this market.